---
title: "The held stocks BAMC, Yunnan Tin, and JIANGXI COPPER hit the daily limit, and the non-ferrous metal ETF ChinaAMC (516650) rose over 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288372816.md"
description: "On June 2nd, influenced by the rise in PPI and strong demand for AI computing power, the non-ferrous metal sector experienced fluctuations. The non-ferrous metal ETF ChinaAMC (516650) rose over 3%, with holdings such as BAMC, Yunnan Tin, and JIANGXI COPPER hitting the daily limit. Data shows that the PPI for the non-ferrous mining and selection industry has significantly increased, with several gold mining companies experiencing growth rates exceeding 100%. The industry is expected to welcome a valuation recovery trend"
datetime: "2026-06-02T06:10:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288372816.md)
  - [en](https://longbridge.com/en/news/288372816.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288372816.md)
---

# The held stocks BAMC, Yunnan Tin, and JIANGXI COPPER hit the daily limit, and the non-ferrous metal ETF ChinaAMC (516650) rose over 3%

On the afternoon of June 2, there was unusual activity in the non-ferrous metal sector. As of 14:00, the non-ferrous metal ETF ChinaAMC (516650) rose by 3.01%, with the latest price at 1.948 yuan. The trading volume reached 177 million yuan, and the holdings of stocks such as BAMC, Yunnan Tin, and JIANGXI COPPER all hit the daily limit. Northern Copper rose by 8.23%, and Industrial Bank Silver Tin rose by 7.89%, with Western Mining and Yunnan Copper among the top gainers.

Data released by the National Bureau of Statistics showed that after China's PPI data rose for the first time in March, it continued to rise in April, with the non-ferrous metal mining and selection industry up by 38.9% and the non-ferrous metal smelting and rolling processing industry up by 22.5%. The global demand for AI computing power is strong, and the non-ferrous sector is expected to see a valuation recovery.

In the 2025 annual report and this year's first-quarter report performance, several listed companies primarily engaged in mineral gold saw their performance growth rates exceed 100% year-on-year for both 2025 and the first quarter of 2026, with profit growth outpacing revenue growth, demonstrating strong profitability and the potential for a valuation recovery market.

The non-ferrous metal ETF ChinaAMC (516650) closely tracks the CSI Subdivision Non-ferrous Metal Sub-Industry Index, covering industrial metals such as copper and aluminum (52.80%), small metals such as rare earths, germanium, tin, and molybdenum (19.73%), energy metals such as lithium and cobalt (11.84%), and precious metals such as gold and silver (11.06%). As of May 29, 2026, the top ten weighted stocks in the index were Zijin Mining, Luoyang Molybdenum, Northern Rare Earth, China Aluminum, Huayou Cobalt, Ganfeng Lithium, Zhongjin Gold, Tianqi Lithium, Xiamen Tungsten, and Yun Aluminum, with the top ten weighted stocks accounting for 49.21% in total. As of May 29, the product's latest scale was 10.964 billion, the largest in the index, with an average daily trading volume of 480 million this year, and a gold, copper, and aluminum content of 57.6%, the highest across all sectors, helping investors easily allocate to the non-ferrous metal sector!

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